IRS veteran Jim Lee has officially retired from U.S. government work and moved into the digital asset industry as global head of capacity building at Chainalysis.
Jim Lee said his move was partly due to Chainalysis “ the way from the private sector in making cryptocurrency safe.”
A 29-year veteran of the United States government, including three years as chief of the Internal Revenue Service’s Criminal Investigations team, has moved to a position at cryptocurrency analytics firm Chainalysis. In an April 8 announcement, Chainalysis said Jim Lee had ended his time at the IRS and moved to become the analytics firm’s global head of capacity building. Lee said he plans to focus on “helping international agencies develop solutions against cryptocurrency-based crime.”used for illicit purposes. In December 2023, he said digital assets posed a risk for financing terrorism and ransomware attacks but acknowledged most people use the technology for “legitimate purposes.
“Crypto has brought greater transparency and efficiency to finance, and we’re still in the early innings,” said Lee. “I believe that with time, this technology can continue to give people more control over their money and heighten financial inclusion around the world. However, criminals of all stripes have also been quick to adopt cryptocurrency.”Lee said his move to Chainalysis was partly due to the company “ the way from the private sector in making cryptocurrency safe.
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